The rumor of the iPhone 5 being made out of liquidmetal instead of glass are now dead. The technology is just not there yet for the size of the iPhone. It may be used for smaller components, for example, a hinge for the MacBook air. But don't be too disappointed because there is a still a great chance that Apple will be using this technology in a couple years. Learn more about the liquidmetal technology here:
http://www.liquidmetal.com/
or here:
http://en.wikipedia.org/wiki/Liquidmetal
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